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bucolic_frolic

(55,681 posts)
1. Those are 2 conflicting ideas, gap and run, gap and collapse.
Sat May 2, 2026, 09:03 PM
Saturday

I always read all gaps are (eventually) filled. Also that when filled they indicate support/resistance and immediately tend to reverse the gap fill direction. So there you have it, all scenarios possible - up, down, or reverse on fill.

I'd say the market is vulnerable at this point, but with everyone expecting some sort of plunge, it's unlikely to happen. Also that AI is a remarkable trend with massive capital behind it. Eventually all will go broke, just like 2001, but this capital infusion is bigger by several degrees. Nonetheless, I'm headed to the sidelines.

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